Canada Aerospace Market Size By Product Type (Auxiliary Equipment, Aerospace Support), By End-User (Commercial, Defense), By Geographic Scope And Forecast
Report ID: 431013|No. of Pages: 202
Canada Aerospace Market Size And Forecast
Canada Aerospace Market size was valued at USD 32,754.82 Million in 2023 and is projected to reach USD 53,905.17 Million by 2031, growing at a CAGR of 6.36% from 2024 to 2031.
The demand for aerospace in Canada is driven by several factors, including the country’s robust aerospace industry, government support, and increasing demand for advanced aerospace technologies. Canada boasts a well-established aerospace sector, particularly in regions like Quebec and Ontario, where numerous key players and suppliers are located. This industry is a significant contributor to the Canadian economy, providing high-value jobs and fostering innovation.
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Canada Aerospace Market Executive Summary
Aerospace, in relation to aircraft, encompasses a broad range of activities and industries involved in the design, manufacture, operation, and maintenance of aircraft. It includes the production of various types of aircraft, from commercial jets to military fighters, as well as general aviation planes. The industry is responsible for creating the advanced technologies that enable these aircraft to operate efficiently and safely. Aircraft Maintenance, Repair, and Overhaul (MRO) services are a crucial aspect of aerospace. MRO facilities ensure that aircraft remain airworthy and compliant with safety regulations through regular inspections, repairs, and upgrades. These services cover routine maintenance, major repairs, and overhauls of airframes, engines, and avionics systems, ensuring optimal performance and extending the lifespan of aircraft.
The Canada Aerospace Market is driven by several factors, including the growing demand for commercial aircraft and increasing technological innovations. Commercial aircraft are vital resources for international transportation because they make it possible to move people and goods across great distances in an effective manner.
The Canadian aerospace market is experiencing robust growth, driven by several key factors. Government support through initiatives and investments has bolstered the industry, while continuous technological advancements have enhanced product competitiveness. The industry’s revenues nearly returned to pre-pandemic levels, reaching 97% of those figures. This recovery signifies a robust rebound from the impacts of the pandemic.
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Canada Aerospace Market: Segmentation Analysis
The Canada Aerospace Market segmented on the basis of Product Type, End-User, and Geography.
Canada Aerospace Market, By Product Type
- Aircrafts
- Aircraft Maintenance Repair and Overhauling Services (MROs)
- Auxiliary Equipment
- Aerospace Support
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Based on Product Type, The market is segmented into Aircrafts, Aircraft Maintenance Repair and Overhauling Services (MROs), Auxiliary Equipment, and Aerospace Support. Aircrafts accounted for the largest market share, and is projected to grow at a CAGR of 5.93% during the forecast period. Aircraft Maintenance Repair and Overhauling Services (MROs) was the second-largest market.
In the aerospace industry, vehicles built especially for flight through Earth’s atmosphere are referred to as aircraft. They carry out a variety of tasks, such as military surveillance, assistance to refugees, and passenger and cargo transportation. While a military aircraft gives capabilities for national defense, commercial planes facilitate travel and trade throughout the world. Helicopters and other specialized aircraft are also essential to search and rescue, security forces, and emergency medical services.
Canada Aerospace Market, By End-User
- Commercial
- Defense
Based on End-User, The market is segmented into Commercial and Defense. Commercial accounted for the largest market share of 65.27% in 2023, and is projected to grow at the highest CAGR of 6.57% during the forecast period. Defense was the second-largest market in 2023. The commercial and defense aerospace sectors are integral to the broader aerospace industry, each serving distinct purposes and markets. Commercial aerospace primarily focuses on designing, manufacturing, and servicing aircraft and related systems for civilian use. This sector encompasses passenger airlines, cargo carriers, private aviation, and other civilian applications. The commercial aerospace sector in Canada is a dynamic and integral part of the country’s economy, renowned for its innovation and advanced technology. The industry benefits from a highly skilled workforce, intense research and development capabilities, and substantial support from government initiatives and programs, such as the Strategic Innovation Fund and the Aerospace Regional Recovery Initiative.
Canada Aerospace Market, By Geography
- Central Canada
- The Prairie Provinces
- West Coast
- The Northern Canada
- Atlantic Region
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Based on Geography, The Canada Aerospace Market is segmented into Central Canada, The Prairie Provinces, West Coast, The Northern Canada, and Atlantic Region. Central Canada accounted for the largest market share in 2023, and is projected to grow at a CAGR of 5.54% during the forecast period. The Prairie Provinces was the second-largest market in 2023.
The Canadian aerospace market is experiencing robust growth, driven by several key factors. Government support through initiatives and investments has bolstered the industry, while continuous technological advancements have enhanced product competitiveness. The industry’s revenues nearly returned to pre-pandemic levels, reaching 97% of those figures.
Key Players
The “Canada Aerospace Market” study report will provide a valuable insight with an emphasis on the market. The major players in the market are include Boeing, Airbus SE, Raytheon, GE Aerospace (General Electric), Lockheed Martin Corporation, General Dynamics Mission Systems (General Dynamics), Northrop Grumman, Honeywell International, BAE Systems, Safran, Rolls-Royce Holdings, Thales, L3Harris Technologies, Leonardo S.p.A., HEICO Corporation, and others. This section provides company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Company Market Ranking Analysis
The company ranking analysis provides a deeper understanding of the top 5 players operating Canada Aerospace Market. VMR takes into consideration several factors before providing a company ranking. The top players for the include Boeing, Airbus SE, Raytheon, GE Aerospace (General Electric), Lockheed Martin Corporation, General Dynamics Mission Systems (General Dynamics),. The factors considered for evaluating these players include company’s brand value, Type portfolio (including Type variations, specifications, features and price), company presence across major regions, Type related sales obtained by the company in recent years and its share in the total revenue. VMR further study the company’s Type portfolio based on the technologies adopted or new strategies undertaken by the company to enhance their market presence or regionally. We also consider the distribution network (online as well as offline) of the company that helps us to understand the company’s presence and foothold in various Canada Aerospace Market.
Company Regional/Industry Footprint
The company’s regional section provides geographical presence, regional level reach, or the respective company’s sales network presence. For instance, include Boeing has its presence.
Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their Type. The Type portfolio of the companies is classified in terms of their diversification as well as the number of Types that are available. The geographic reach and the market penetration are determined considering the penetration of the company’s Types and services in various geographical regions and industries.
Ace Matrix
This section of the report provides an overview of the company evaluation scenario in the Canada Aerospace Market. The company evaluation has been carried out based on the outcomes of the qualitative and quantitative analyses of various factors such as the Type portfolios, technological innovations, market presence, revenues of companies, and the opinions of primary respondents.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2031 |
BASE YEAR | 2023 |
HISTORICAL PERIOD | 2020-2022 |
FORECAST PERIOD | 2024-2031 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Boeing, Airbus SE, Raytheon, GE Aerospace (General Electric), Lockheed Martin Corporation, General Dynamics Mission Systems (General Dynamics), Northrop Grumman, Honeywell International, BAE Systems. |
SEGMENTS COVERED |
|
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION
1.1 MARKET DEFINITION
1.2 MARKET SEGMENTATION
1.3 RESEARCH TIMELINES
1.4 ASSUMPTIONS
1.5 LIMITATIONS
2 RESEARCH METHODOLOGY
2.1 DATA MINING
2.2 SECONDARY RESEARCH
2.3 PRIMARY RESEARCH
2.4 SUBJECT MATTER EXPERT ADVICE
2.5 QUALITY CHECK
2.6 FINAL REVIEW
2.7 DATA TRIANGULATION
2.8 BOTTOM-UP APPROACH
2.9 TOP-DOWN APPROACH
2.10 RESEARCH FLOW
3 EXECUTIVE SUMMARY
3.1 CANADA AEROSPACE MARKET OVERVIEW
3.2 CANADA AEROSPACE MARKET ESTIMATES AND FORECAST (USD MILLION), 2022-2031
3.3 CANADA AEROSPACE MARKET ECOLOGY MAPPING (% SHARE IN 2023)
3.4 COMPETITIVE ANALYSIS: FUNNEL DIAGRAM
3.5 CANADA AEROSPACE MARKET ABSOLUTE MARKET OPPORTUNITY
3.6 CANADA AEROSPACE MARKET ATTRACTIVENESS ANALYSIS, BY REGION
3.7 CANADA AEROSPACE MARKET ATTRACTIVENESS ANALYSIS, BY PRODUCT TYPE
3.8 CANADA AEROSPACE MARKET ATTRACTIVENESS ANALYSIS, BY END-USER
3.9 CANADA AEROSPACE MARKET, BY PRODUCT TYPE (USD MILLION)
3.10 CANADA AEROSPACE MARKET, BY END-USER (USD MILLION)
3.11 FUTURE MARKET OPPORTUNITIES
4 MARKET OUTLOOK
4.1 CANADA AEROSPACE MARKET EVOLUTION
4.2 CANADA AEROSPACE MARKET OUTLOOK
4.3 MARKET DRIVERS
4.3.1 GROWING DEMAND FOR COMMERCIAL AIRCRAFT TO DRIVE THE MARKET GROWTH
4.3.2 INCREASING TECHNOLOGICAL INNOVATIONS TO DRIVE THE MARKET GROWTH
4.4 MARKET RESTRAINTS
4.4.1 HIGH COST ASSOCIATED WITH MANUFACTURING IS HAMPERING THE GROWTH OF THE MARKET
4.5 MARKET OPPORTUNITY
4.5.1 GROWING SATELLITE TECHNOLOGY IN AEROSPACE MARKET TO CREATE OPPORTUNITIES FOR THE MARKET
4.6 MARKET TRENDS
4.6.1 INCREASED FOCUS ON SUSTAINABLE AVIATION
4.7 PORTER’S FIVE FORCES ANALYSIS
4.7.1 THREAT OF NEW ENTRANTS: LOW
4.7.2 THREAT OF SUBSTITUTES: LOW TO MODERATE
4.7.3 BARGAINING POWER OF SUPPLIERS: MODERATE
4.7.4 BARGAINING POWER OF BUYERS: MODERATE
4.7.5 INTENSITY OF COMPETITIVE RIVALRY: HIGH
4.8 MACROECONOMIC ANALYSIS
4.9 VALUE CHAIN ANALYSIS
4.9.1 RESEARCH & DEVELOPEMENT
4.9.2 INBOUND LOGISTICS
4.9.3 MANUFACTURING & PRODUCTION
4.9.4 MAINTENANCE, REPAIR, AND OVERHAUL (MRO)
4.9.5 MARKETING & SALES
4.9.6 END-USER
4.10 PRODUCT LIFELINE
4.11 REGULATORY FRAMEWORK
4.11.1 CANADIAN AVIATION REGULATIONS (SOR/96-433)
4.11.2 ENVIRONMENTAL REGULATIONS
4.11.3 AERONAUTICS ACT (GOVERNMENT OF CANADA)
5 MARKET, BY PRODUCT TYPE
5.1 OVERVIEW
5.2 CANADA AEROSPACE MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY PRODUCT TYPE
5.3 AIRCRAFTS
5.4 AIRCRAFT MAINTENANCE REPAIR AND OVERHAULING SERVICES (MROS)
5.5 AEROSPACE SUPPORT
5.6 AUXILIARY EQUIPMENT
6 MARKET, BY END-USER
6.1 OVERVIEW
6.2 CANADA AEROSPACE MARKET: BASIS POINT SHARE (BPS) ANALYSIS, BY END-USER
6.3 COMMERCIAL
6.4 DEFENSE
7 MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 CANADA
7.2.1 CANADA MARKET SNAPSHOT
7.2.2 CENTRAL CANADA
7.2.3 THE PRAIRIE PROVINCES
7.2.4 WEST COAST
7.2.5 ATLANTIC REGION
7.2.6 THE NORTHERN CANADA
8 COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING ANALYSIS
8.3 COMPANY INDUSTRY FOOTPRINT
8.4 ACE MATRIX
8.4.1 ACTIVE
8.4.2 CUTTING EDGE
8.4.3 EMERGING
8.4.4 INNOVATORS
9 COMPANY PROFILES
9.1 BOEING
9.1.1 COMPANY OVERVIEW
9.1.2 COMPANY INSIGHTS
9.1.3 COMPANY INSIGHTS
9.1.4 PRODUCT BENCHMARKING
9.1.5 KEY DEVELOPMENTS
9.1.6 SWOT ANALYSIS
9.1.7 WINNING IMPERATIVES
9.1.8 CURRENT FOCUS & STRATEGIES
9.1.9 THREAT FROM COMPETITION
9.2 AIRBUS SE
9.2.1 COMPANY OVERVIEW
9.2.2 COMPANY INSIGHTS
9.2.3 SEGMENT BREAKDOWN
9.2.4 PRODUCT BENCHMARKING
9.2.5 KEY DEVELOPMENTS
9.2.6 SWOT ANALYSIS
9.2.7 WINNING IMPERATIVES
9.2.8 CURRENT FOCUS & STRATEGIES
9.2.9 THREAT FROM COMPETITION
9.3 RAYTHEON
9.3.1 COMPANY OVERVIEW
9.3.2 COMPANY INSIGHTS
9.3.3 COMPANY INSIGHTS
9.3.4 PRODUCT BENCHMARKING
9.3.5 KEY DEVELOPMENTS
9.3.6 SWOT ANALYSIS
9.3.7 WINNING IMPERATIVES
9.3.8 CURRENT FOCUS & STRATEGIES
9.3.9 THREAT FROM COMPETITION
9.4 GE AEROSPACE (GENERAL ELECTRIC)
9.4.1 COMPANY OVERVIEW
9.4.2 COMPANY INSIGHTS
9.4.3 COMPANY INSIGHTS
9.4.4 PRODUCT BENCHMARKING
9.4.5 KEY DEVELOPMENTS
9.4.6 SWOT ANALYSIS
9.4.7 WINNING IMPERATIVES
9.4.8 CURRENT FOCUS & STRATEGIES
9.4.9 THREAT FROM COMPETITION
9.5 LOCKHEED MARTIN CORPORATION
9.5.1 COMPANY OVERVIEW
9.5.2 COMPANY INSIGHTS
9.5.3 SEGMENT BREAKDOWN
9.5.4 PRODUCT BENCHMARKING
9.5.5 KEY DEVELOPMENTS
9.5.6 SWOT ANALYSIS
9.5.7 WINNING IMPERATIVES
9.5.8 CURRENT FOCUS & STRATEGIES
9.5.9 THREAT FROM COMPETITION
9.6 GENERAL DYNAMICS MISSION SYSTEMS (GENERAL DYNAMICS)
9.6.1 COMPANY OVERVIEW
9.6.2 COMPANY INSIGHTS
9.6.3 COMPANY INSIGHTS
9.3.4 PRODUCT BENCHMARKING
9.6.5 KEY DEVELOPMENTS
9.6.6 SWOT ANALYSIS
9.6.7 WINNING IMPERATIVES
9.6.8 CURRENT FOCUS & STRATEGIES
9.6.9 THREAT FROM COMPETITION
9.7 NORTHROP GRUMMAN
9.7.1 COMPANY OVERVIEW
9.7.2 COMPANY INSIGHTS
9.7.3 COMPANY INSIGHTS
9.7.4 PRODUCT BENCHMARKING
9.7.5 KEY DEVELOPMENTS
9.7.6 SWOT ANALYSIS
9.7.7 WINNING IMPERATIVES
9.7.8 CURRENT FOCUS & STRATEGIES
9.7.9 THREAT FROM COMPETITION
9.8 HONEYWELL INTERNATIONAL
9.8.1 COMPANY OVERVIEW
9.8.2 COMPANY INSIGHTS
9.8.3 COMPANY INSIGHTS
9.8.4 PRODUCT BENCHMARKING
9.8.5 KEY DEVELOPMENTS
9.8.6 SWOT ANALYSIS
9.8.7 WINNING IMPERATIVES
9.8.8 CURRENT FOCUS & STRATEGIES
9.8.9 THREAT FROM COMPETITION
9.9 BAE SYSTEMS
9.9.1 COMPANY OVERVIEW
9.9.2 COMPANY INSIGHTS
9.9.3 COMPANY INSIGHTS
9.9.4 PRODUCT BENCHMARKING
9.9.5 KEY DEVELOPMENTS
9.9.6 SWOT ANALYSIS
9.9.7 WINNING IMPERATIVES
9.9.8 CURRENT FOCUS & STRATEGIES
9.9.9 THREAT FROM COMPETITION
9.10 SAFRAN
9.10.1 COMPANY OVERVIEW
9.10.2 COMPANY INSIGHTS
9.10.3 COMPANY INSIGHTS
9.10.4 PRODUCT BENCHMARKING
9.10.5 KEY DEVELOPMENTS
9.10.6 SWOT ANALYSIS
9.10.7 WINNING IMPERATIVES
9.10.8 CURRENT FOCUS & STRATEGIES
9.10.9 THREAT FROM COMPETITION
LIST OF TABLES
TABLE 1 CANADA AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 2 CANADA AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 3 CANADA AEROSPACE MARKET, BY GEOGRAPHY, 2022-2031 (USD MILLION)
TABLE 4 CANADA AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 5 CANADA AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 6 CENTRAL CANADA AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 7 CENTRAL CANADA AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 8 THE PRAIRIE PROVINCES AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 9 THE PRAIRIE PROVINCES AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 10 WEST COAST AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 11 WEST COAST AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 12 ATLANTIC REGION AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 13 ATLANTIC REGION AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 14 THE NORTHERN CANADA AEROSPACE MARKET, BY PRODUCT TYPE, 2022-2031 (USD MILLION)
TABLE 15 THE NORTHERN CANADA AEROSPACE MARKET, BY END-USER, 2022-2031 (USD MILLION)
TABLE 16 COMPANY INDUSTRY FOOTPRINT
TABLE 17 BOEING: PRODUCT BENCHMARKING
TABLE 18 BOEING: KEY DEVELOPMENTS
TABLE 19 BOEING: WINNING IMPERATIVES
TABLE 20 AIRBUS SE: PRODUCT BENCHMARKING
TABLE 21 AIRBUS SE: KEY DEVELOPMENTS
TABLE 22 AIRBUS SE: WINNING IMPERATIVES
TABLE 23 RAYTHEON: PRODUCT BENCHMARKING
TABLE 24 RAYTHEON: KEY DEVELOPMENT
TABLE 25 RAYTHEON: WINNING IMPERATIVES
TABLE 26 GE AEROSPACE (GENERAL ELECTRIC): PRODUCT BENCHMARKING
TABLE 27 GE AEROSPACE (GENERAL ELECTRIC): WINNING IMPERATIVES
TABLE 28 LOCKHEED MARTIN CORPORATION: PRODUCT BENCHMARKING
TABLE 29 LOCKHEED MARTIN CORPORATION: KEY DEVELOPMENTS
TABLE 30 LOCKHEED MARTIN CORPORATION: WINNING IMPERATIVES
TABLE 31 GENERAL DYNAMICS MISSION SYSTEMS (GENERAL DYNAMICS): PRODUCT BENCHMARKING
TABLE 32 NORTHROP GRUMMAN: PRODUCT BENCHMARKING
TABLE 33 NORTHROP GRUMMAN: KEY DEVELOPMENT
TABLE 34 HONEYWELL INTERNATIONAL: PRODUCT BENCHMARKING
TABLE 35 HONEYWELL INTERNATIONAL: KEY DEVELOPMENT
TABLE 36 BAE SYSTEMS: PRODUCT BENCHMARKING
TABLE 37 BAE SYSTEMS: KEY DEVELOPMENT
TABLE 38 SAFRAN: PRODUCT BENCHMARKING
TABLE 39 SAFRAN: KEY DEVELOPMENT
TABLE 40 ROLLS-ROYCE HOLDINGS: PRODUCT BENCHMARKING
TABLE 41 THALES: PRODUCT BENCHMARKING
TABLE 42 THALES: KEY DEVELOPMENT
TABLE 43 L3HARRIS TECHNOLOGIES: PRODUCT BENCHMARKING
TABLE 44 ?LEONARDO: PRODUCT BENCHMARKING
TABLE 45 HEICO CORPORATION: PRODUCT BENCHMARKING
LIST OF FIGURES
FIGURE 1 CANADA AEROSPACE MARKET SEGMENTATION
FIGURE 2 RESEARCH TIMELINES
FIGURE 3 DATA TRIANGULATION
FIGURE 4 MARKET RESEARCH FLOW
FIGURE 5 SUMMARY
FIGURE 6 CANADA AEROSPACE MARKET ESTIMATES AND FORECAST (USD MILLION), 2022-2031
FIGURE 7 CANADA AEROSPACE MARKET ECOLOGY MAPPING (% SHARE IN 2023)
FIGURE 8 COMPETITIVE ANALYSIS: FUNNEL DIAGRAM
FIGURE 9 CANADA AEROSPACE MARKET ABSOLUTE MARKET OPPORTUNITY
FIGURE 10 CANADA AEROSPACE MARKET ATTRACTIVENESS ANALYSIS, BY REGION
FIGURE 11 CANADA AEROSPACE MARKET ATTRACTIVENESS ANALYSIS, BY PRODUCT TYPE
FIGURE 12 CANADA AEROSPACE MARKET ATTRACTIVENESS ANALYSIS, BY END-USER
FIGURE 13 CANADA AEROSPACE MARKET, BY PRODUCT TYPE (USD MILLION)
FIGURE 14 CANADA AEROSPACE MARKET, BY END-USER (USD MILLION)
FIGURE 15 FUTURE MARKET OPPORTUNITIES
FIGURE 16 CANADA AEROSPACE MARKET OUTLOOK
FIGURE 17 MARKET DRIVERS_IMPACT ANALYSIS
FIGURE 18 SHARE OF AEROSPACE MANUFACTURING INDUSTRY EXPORTS BY PRODUCT – 2022
FIGURE 19 RESTRAINTS_IMPACT ANALYSIS
FIGURE 20 MARKET OPPORTUNITY_IMPACT ANALYSIS
FIGURE 21 KEY TRENDS
FIGURE 22 PORTER’S FIVE FORCES ANALYSIS
FIGURE 23 PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF CANADA
FIGURE 24 VALUE CHAIN ANALYSIS
FIGURE 25 PRODUCT LIFELINE: STEM TOYS
FIGURE 26 CANADA AEROSPACE MARKET, BY PRODUCT TYPE
FIGURE 27 CANADA AEROSPACE MARKET BASIS POINT SHARE (BPS) ANALYSIS, BY PRODUCT TYPE
FIGURE 28 CANADA AEROSPACE MARKET, BY END-USER
FIGURE 29 CANADA AEROSPACE MARKET BASIS POINT SHARE (BPS) ANALYSIS, BY END-USER
FIGURE 30 CANADA AEROSPACE MARKET, BY GEOGRAPHY, 2022-2031 (USD MILLION)
FIGURE 1 AEROSPACE INDUSTRY TOTAL R&D EXPENDITURES, 2019–2023 (MILLIONS OF DOLLARS)
FIGURE 2 SHARE OF AEROSPACE INDUSTRY EXPORTS BY PRODUCT CATEGORY, 2023
FIGURE 3 CENTRAL CANADA MARKET SNAPSHOT
FIGURE 4 THE PRAIRIE PROVINCES MARKET SNAPSHOT
FIGURE 5 WEST COAST MARKET SNAPSHOT
FIGURE 6 ATLANTIC REGION MARKET SNAPSHOT
FIGURE 7 THE NORTHERN CANADA MARKET SNAPSHOT
FIGURE 8 COMPANY MARKET RANKING ANALYSIS
FIGURE 9 ACE MATRIX
FIGURE 10 BOEING: COMPANY INSIGHT
FIGURE 11 BOEING: BREAKDOWN
FIGURE 12 BOEING: SWOT ANALYSIS
FIGURE 13 AIRBUS SE: COMPANY INSIGHT
FIGURE 14 AIRBUS SE: BREAKDOWN
FIGURE 15 AIRBUS SE: SWOT ANALYSIS
FIGURE 16 RAYTHEON: COMPANY INSIGHT
FIGURE 17 RAYTHEON: BREAKDOWN
FIGURE 18 RAYTHEON: SWOT ANALYSIS
FIGURE 19 GE AEROSPACE (GENERAL ELECTRIC): COMPANY INSIGHT
FIGURE 20 GE AEROSPACE (GENERAL ELECTRIC): BREAKDOWN
FIGURE 21 GE AEROSPACE (GENERAL ELECTRIC): SWOT ANALYSIS
FIGURE 22 LOCKHEED MARTIN CORPORATION: COMPANY INSIGHT
FIGURE 23 LOCKHEED MARTIN CORPORATION: BREAKDOWN
FIGURE 24 LOCKHEED MARTIN CORPORATION: SWOT ANALYSIS
FIGURE 25 GENERAL DYNAMICS MISSION SYSTEMS (GENERAL DYNAMICS): COMPANY INSIGHT
FIGURE 26 GENERAL DYNAMICS MISSION SYSTEMS (GENERAL DYNAMICS): BREAKDOWN
FIGURE 27 NORTHROP GRUMMAN: COMPANY INSIGHT
FIGURE 28 NORTHROP GRUMMAN: BREAKDOWN
FIGURE 29 HONEYWELL INTERNATIONAL: COMPANY INSIGHT
FIGURE 30 HONEYWELL INTERNATIONAL: BREAKDOWN
FIGURE 31 BAE SYSTEMS: COMPANY INSIGHT
FIGURE 32 BAE SYSTEMS: BREAKDOWN
FIGURE 33 SAFRAN: COMPANY INSIGHT
FIGURE 34 SAFRAN: BREAKDOWN
FIGURE 35 ROLLS-ROYCE HOLDINGS: COMPANY INSIGHT
FIGURE 36 ROLLS-ROYCE HOLDINGS: BREAKDOWN
FIGURE 37 THALES: COMPANY INSIGHT
FIGURE 38 THALES: BREAKDOWN
FIGURE 39 L3HARRIS TECHNOLOGIES: COMPANY INSIGHT
FIGURE 40 L3HARRIS TECHNOLOGIES: BREAKDOWN
FIGURE 41 ?LEONARDO: COMPANY INSIGHT
FIGURE 42 LEONARDO: BREAKDOWN
FIGURE 43 HEICO CORPORATION: COMPANY INSIGHT
FIGURE 44 HEICO CORPORATION: BREAKDOWN
Report Research Methodology
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Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
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For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
Perspective | Primary Research | Secondary Research |
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Supplier side |
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Demand side |
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Econometrics and data visualization model
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Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
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Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
Qualitative analysis | Quantitative analysis |
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